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Portfolio Manager I - CMBS in Overland Park, KS at Key Bank- Corporate

Date Posted: 9/4/2020

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    11501 Outlook Street
    Overland Park, KS
  • Date Posted:
    9/4/2020

Job Description

ABOUT THE JOB
Under the direction of the vice president of servicing, the person in this position is responsible for supervising the work performed by the Account Managers. He/she will monitor the work output to insure that all regulatory, investor guidelines, and internal policies and procedures are met.

ESSENTIAL JOB FUNCTIONS
  • Act as liaison and manage client relationships through negotiation of contracts, servicing agreements, and subservicing transactions.
  • Supervise the daily functions performed by Account Managers. Plan and organize the workflow to achieve maximum productivity while maintaining fiduciary responsibility of contractual obligations.
  • Facilitate with vice president the securitization and conversion process with internal and external clients, legal staff, auditors and investors.
  • Assist vice president of servicing in establishing departmental goals to meet company objectives. Continuously evaluate department progress in the attainment of the goals. Prepare monthly progress and status reports.
  • Collaborate with the vice president of servicing in determining staffing needs. Interview applicants, make hiring recommendations, complete performance appraisals, and recommend salary increases.
  • Authorize complex cash management agreements, escrow holdbacks and capital reserve disbursements.
  • Train staff members to ensure all procedures are implemented and followed appropriately.
  • Recommend revisions to policies and procedures, and at manager’s discretion, implement subsequent changes to incorporate them into the department workflow.

MARGINAL OR PERIPHERAL FUNCTIONS
Assist the vice president of servicing with special projects, as assigned

REQUIRED QUALIFICATIONS
  • Four-year college degree
  • Five years commercial real estate servicing experience
  • Excellent verbal and written communication skills, as well as a high degree of analytical skills
  • Experienced in drafting departmental policy and procedure manuals
  • Overall knowledge of commercial underwriting
  • Overall knowledge of property financial statement analysis
  • Knowledge of legal document review and interpretation
PREFERRED QUALIFICATIONS
  • Experienced in preparing departmental annual budgets
  • Background in real estate law, accounting/auditing, or commercial loan underwriting
  • Experience with McCracken/Strategy and RECWeb loan servicing systems
  • Efficient in the use of word processing, spreadsheet, and email software, such as Microsoft Word, Excel and Outlook
EQUIPMENT USED
Personal Computer
Standard office equipment (phone, fax, copier, calculator)

TRAINING REQUIRED
On the job training as required

FLSA STATUS:Exempt

KeyCorp is an Equal Opportunity and Affirmative Action Employer committed to engaging a diverse workforce and sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.

43906BR

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